St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-16
HABITS OF MILLIONAIRES.
How the Rich Men of To-Day Eat
and Dress.

az The greatest of our millionaires be-
ieve in the philosophy of work. They
work all day and every day, and the
brains of many of them boil over their
projects far into the night. Phil Ar
mOur gets down to his Office at o'clock
III the morning, and Jay Gould is on the
elevated railroad at 9 a. m. Gould keeps
anumber of men to attend to his CORE
spOndence, and MOrOsini goes through
the letters before Gould sees them.
Anything he has doubt about he re-
fers to Gould, and the latter adopts the
policy of having other men do his work
for him as far as possible. He works
rapidly himself, deciding upon every
project the moment it comes up, and
thinking as fast as an electrical current.
He eats lunch at DelmOnicO'S, and
he keeps dozen men busy all day
writing letters and carrying out his in
structiOns. At o'clock he goes home,
and, although he has private telegraph
wire in his house, it is said that he has
the power of throwing off the troubles
of his office the moment he gets outside
of it. He enjoys his family and prefers
home to society. He goes to bed at IL,
and is. am told, not troubled with in
SOmnia.
Abram S. Hewitt. on the other hand,
has trouble in getting any sleep at all,
and his work haunts him like an ''Old-
man-Of-the-sea." He is good worker.
too, and he saves time by the use of
StenOgrapher. He can dictate well, and,
like Gould, he does not waste time in
first looking over his mail. His private
secretary gives him the letters he ought
to answer, and he dictates replies in the
best of AnglO-SanOn at the rate of $50
words minute. He spends about five
hours day in the mayors office at New
York, and works as hard as any ten
dOllar-a-week clerk in the country.
Phil Armour has reports from the
banks with which he does business at
the various centerS as to the amount of
money he has on hand each day. These
sums often run as high as Sl,0O0,G00 and
upwards, and he thus knows exactly as
to how much he can use in speculation.
He is keen SpeculatOr, and he deals in
millions. He made S2,000,000 on pork
in single deal in 1879. and he has now
business of S50,000.000. Armour when
he took his son into business placed
sl,OO0.OO0 to his credit and gave
him his full confidence. The son
proved worthy of his fathers
faith in him, and it is said that
the relation between the two is the
strongest, both in business and family
way. Phil ArmOur's father took his
children into his confidence, and the
boys were considered to be partners In
their fathers business affairs. Young
book, and he liked his fathers principle
of training children so well that he
adopted it in the training of his son. His
mother was a good business woman, and
she was shown the weekly balance
sheets of the different Armour houses
and passed her judgment upon them.
She urged her SONS to stand by each
other. and Phil Armour, in recent talk
with John A. Slelcher, of Albany, said
that lie would give his last dollar rather
than see one of his brothers fail.
Speaking of rich mems sons, the gen.
eral idea prevails that they are destined
for the devil, and there is no doubt but
that number of them go that way. TIE
exceptions are, however, numerous, and
jay GOuld'S boy George is said to be
chip of the old block land fully the equal
of his father as sharp trader. George
Gould is now abaut twenty-Seven years
of age. and he has child of his own.
He is his fathers cOnfidant, and is said
tobe as quiet and simple in his habits
as King Jay himself.
The Vanderbilt boys are also doing
well. They have taken their fathers
place in the market, and they are not
fast young men by any means. As to
John w. CARROTS children. they are
still worth their millions. and their for
tunes are so large that they will proba-
bly, stick to them. Robert Garrett, who
was his fathers successor in the rail-
roads, does not seem to have success
fully managed his trust, and it was the
branching out that he did that brought
the road into trouble. He is rather eX-
travagant in some of his habits. but his
fortune is SO large that he will hardly
be pinched, and. as to the estate of his
sister and brother, they run high into
the millions.
Senator Hearst, the millionaire repre-
sentative of California, has boy who is
graduate of Harvard and who pro-
poses to make a newspaper man of him
self. He is now employed on his
fathers paper. the San Francisco EX-
aminer and it is said that he possesses
considerable journalistic talent. TheO-
dOre Roosevelt is rich mans son who
does not disgrace his father, and the
millionaire Lorillards have used well the
business their father left them. Re-
turning to the habits of rich men, it is
interesting to look at their gastronomic
taste, and the New York Cook lately had
interviews with some of the most noted
milionaires as to what they ate and
drank